JSW Ventures Gets Sebi Nod For Startup Investments
JSW Ventures, the venture capital arm of the JSW Group, today said it has received clearance from markets regulator Sebi to begin investing in the country.
JSW Ventures would focus on providing early-stage funding to technology-enabled startups operating in the education, healthcare, financial services, SaaS (software as a service) and enterprise software space.
The fund will have an initial corpus of Rs 100 crore which it will invest over a three-year period.
"JSW Ventures, the venture capital arm of the JSW Group, has received the mandatory clearances from Securities and Exchange Board of India (Sebi), paving the way for it to begin investing," a statement by JSW said.
"Technology innovation is happening across sectors, from old-fashioned verticals like real estate to research-driv...